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  • Novo walks away from $285M pact to develop monthly GLP-1 obesity drug with Ascendis

Novo walks away from $285M pact to develop monthly GLP-1 obesity drug with Ascendis

  • September 15, 2026

Novo’s attempted rebrand got off to a shaky start this week with the news that the pharma had walked away from a $285 million biobucks pact to develop a monthly weight loss drug after less than two years.

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